Company Valuation: Workday, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 63,252 46,630 76,551 69,708 46,191 36,359 - -
Change - -26.28% 64.17% -8.94% -33.74% -21.28% - -
Enterprise Value (EV) 1 61,448 43,485 71,718 64,675 43,735 34,181 31,679 28,622
Change - -29.23% 64.93% -9.82% -32.38% -21.84% -7.32% -9.65%
P/E 2,108x -126x 55.9x 134x 67.8x 35.3x 24.2x 18.5x
PBR 14.2x 8.28x 9.55x 7.69x 5.97x 4.73x 3.63x 2.84x
PEG - 0x -0x -2.1x 2.1x 0.6x 0.5x 0.6x
Capitalization / Revenue 12.3x 7.5x 10.5x 8.25x 4.84x 3.41x 3.07x 2.77x
EV / Revenue 12x 7x 9.88x 7.66x 4.58x 3.2x 2.67x 2.18x
EV / EBITDA 41.1x 27.6x 35.5x 25.7x 13.8x 9.62x 7.66x 6.06x
EV / EBIT 53.4x 35.9x 41.2x 29.6x 15.5x 10.5x 8.33x 6.45x
EV / FCF 44.3x 33.5x 37.4x 29.5x 15.7x 10.8x 8.63x 6.69x
FCF Yield 2.26% 2.98% 2.67% 3.39% 6.35% 9.3% 11.6% 14.9%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.12 -1.44 5.21 1.95 2.59 4.168 6.075 7.938
Distribution rate - - - - - - - -
Net sales 1 5,139 6,216 7,259 8,446 9,552 10,667 11,844 13,105
EBITDA 1 1,493 1,574 2,022 2,512 3,171 3,555 4,135 4,723
EBIT 1 1,150 1,210 1,740 2,186 2,824 3,255 3,801 4,437
Net income 1 29.37 -366.7 1,381 526 693 1,067 1,531 2,010
Net Debt 1 -1,804 -3,145 -4,833 -5,033 -2,456 -2,178 -4,680 -7,737
Reference price 2 253.01 181.43 291.07 262.06 175.63 147.22 147.22 147.22
Nbr of stocks (in thousands) 250,000 257,016 263,000 266,000 263,000 246,973 - -
Announcement Date 2/28/22 2/27/23 2/26/24 2/25/25 2/24/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.42x17.11x20.3x-.--% 143B
12.99x3.49x7.31x-.--% 93.31B
37.16x6.12x17.03x0.37% 52.48B
25.67x5.5x13.33x-.--% 45.99B
21.9x5.3x13.46x0.93% 36.62B
35.79x2.64x15.23x-.--% 14.81B
14.01x5.65x11.42x-.--% 14.42B
32.21x - - 3.48% 10.5B
63.55x3.81x15.6x-.--% 8.15B
Average 29.97x 6.20x 14.21x 0.53% 46.55B
Weighted average by Cap. 25.07x 9.03x 14.92x 0.21%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield